Comparable Verificaton

Confirmation of market data is an integral part of performing credible market research. This is particularly true given that there are numerous data sources which do not offer a complete accounting for all of the details of a real estate transaction. These data sources range from verbal hearsay, to more specific details found in multiple listing data and property tax records. This is also often compounded by transactions having unique conditions not normally found in a typical sale. Given these issues, a proper Comparable Sale Verification should include personal contact with one or more people who have firsthand knowledge of a transaction in question.